Banking and insuranceEconomical

Increasing the loan limit for housing industrialization projects


According to the report of Iran Economist, the decision to increase the facility ceiling for industrialization projects by central bank It was communicated to 27 bank CEOs in the country.

According to this resolution, if there is a need to place applicants for housing support projects in cities, in the form of development of settlements, the ceiling of facilities payable to these settlements is only for these projects and with approval. Ministry of Roads and City Planning It will be equivalent to the applicant’s city of residence.

* Increasing facilities for the construction of houses that are built in a new way

Also, the ceiling of allocated facilities to projects that use the new industry and construction methods approved by the Ministry of Roads and Urban Development in the construction of housing in compliance with the guidelines for determining the cost of construction of that ministry, subject to reducing the duration of civil participation, reducing the cost of construction and increasing the quality building, to increase by 20% compared to other projects.

According to Fars report, the central bank’s resolution regarding the resolutions of the 22nd and 23rd meetings of the Supreme Housing Council in order to accelerate the payment of construction and renovation facilities is the subject of the law. Production jump and providing housing has been issued.

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